Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…
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interest Rate Cut
Kuwait c. bank cuts rates by 25 basis points
The Central Bank of Kuwait (CBK) on Wednesday cut the discount rate by 25 basis points to 3.50 per cent, effective…
UAE cuts base rate by 25 bps
The Central Bank of the UAE (CBUAE) reduced its Base Rate for the Overnight Deposit Facility by 25 basis points,…
Fitch sees ‘deeper’ rate cuts in Europe, emerging markets as growth slows
Central banks in Europe and emerging markets are poised to deliver “deeper rate cuts” in 2025 than previously…
ECB rate cut could face delays – Holzmann
European Central Bank Governing Council member Robert Holzmann signalled that the next interest rate cut might be…
Türkiye increases wages for 2025
Türkiye has increased its monthly minimum wage by 30 per cent to 22,104 liras ($627) for 2025, up from 17,002…
ECB rate cut ‘conceivable’ this month – Holzmann
European Central Bank (ECB) policymaker Robert Holzmann stated that a 25 basis point interest rate cut is…
BoE’s Lombardelli: Inflation may exceed forecasts
Bank of England Deputy Governor Clare Lombardelli expressed concerns about inflation potentially rising higher than…
UK house prices drop 1.4% in 4 weeks
Asking prices for British houses fell by 1.4 per cent over the four weeks to November 9, surpassing the typical…
Swiss c.bank cuts policy rate by 25 bps
The Swiss National Bank (SNB) decided on Thursday to lower the SNB policy rate by 0.25 percentage points to 1.0 per…